Daily Imbalance definition

Daily Imbalance has the meaning given in Section E paragraph 2.2 of the IUK Access Code;

Daily Imbalance means, for a particular Gas Day, the Shipper's Total Inlet Quantity minus the Shipper's Total Outlet Quantity for that Gas Day across all of its

Daily Imbalance means the daily volumetric variance between net receipts and allocated deliveries, adjusted for System Fuel.

Examples of Daily Imbalance in a sentence

• At the end of any Gas Day, the Accumulated Imbalance is the Accumulated Imbalance at the end of the previous Gas Day plus the Shipper's Daily Imbalance on the Gas Day.

• The Monthly Fuel Imbalance Charge is equal to 75% of 1st Tier Imbalance plus 100% of 2nd Tier Imbalances; Where: The 1st Tier Imbalances is that portion of the Monthly Sum of Daily Imbalance Charges which exceeds 2.25 percent of the CAISO Facility Monthly Billed Fuel Cost for the Month and is less than or equal to 10.0 percent of the CAISO Facility Monthly Billed Fuel Cost for the Month.

• The 2nd Tier Imbalances is that portion of the Monthly Sum of Daily Imbalance Charges which is greater than 10.0 percent of the CAISO Facility Monthly Billed Fuel Cost for the Month.

• Daily Cash Out At the end of each day, the Company will determine the Aggregate Daily Imbalance Percentage for all Sellers participating in the Daily Balancing Program by subtracting: 1) the total telemetered daily consumption grossed up for UFG of the daily balanced pools, from: 2) the total quantity of gas delivered to the city gate for those pools, divided by: 3) the total telemetered daily consumption grossed up for UFG of the daily balanced pools.

• The Company will then compare the Aggregate Daily Imbalance Percentage to the +/-5% Daily Imbalance Tolerance (DIT).

More Definitions of Daily Imbalance

Daily Imbalance has the meaning given in clause 8.1.

Daily Imbalance means the amount calculated in accordance with clause 9.1.

Daily Imbalance has the meaning given in Section E paragraph 2.2 of the Interconnector Access Code;

Daily Imbalance is defined in Section 7.5 of this Statement of Operating Conditions.

Daily Imbalance means the difference on a Day between a Shipper’s aggregate entry quantities of Natural Gas (including quantities of Natural Gas acquired at the PEG) and its aggregate exit quantities of Natural Gas (including quantities of Natural Gas disposed of at the PEG) in the TRF, such Daily Imbalance being negative if the aggregate exit quantities exceed the aggregate entry quantities and positive if the aggregate entry quantities exceed the aggregate exit quantities;

Daily Imbalance means for a particular Gas Day, Shipper's Total Inlet Quantity minus Shipper's Total Outlet Quantity for that Gas Day across all of its Capacity Services and its Spot Transactions (and minus any System Use Gas Delivered by Shipper under clause 5.13 on that Gas Day).

Daily Imbalance has the meaning ascribed thereto in Rate 300.